Wages in Sweden increased to 181.60 SEK/Hour in December from 179 SEK/Hour in November of 2020. source: Statistics Sweden

Wages in Sweden averaged 157.62 SEK/Hour from 2008 until 2020, reaching an all time high of 181.60 SEK/Hour in December of 2020 and a record low of 133.60 SEK/Hour in February of 2008. This page provides - Sweden Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Average Hourly Wages - values, historical data and charts - was last updated on April of 2021.

Wages in Sweden is expected to be 185.34 SEK/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Sweden to stand at 191.46 in 12 months time. In the long-term, the Sweden Average Hourly Wages is projected to trend around 191.46 SEK/Hour in 2022 and 186.25 SEK/Hour in 2023, according to our econometric models.

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Sweden Average Hourly Wages

Actual Previous Highest Lowest Dates Unit Frequency
181.60 179.00 181.60 133.60 2008 - 2020 SEK/Hour Monthly
Current Prices, NSA

Sweden Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.00 9.70 10.50 1.30 percent [+]
Employed Persons 4946.30 4949.00 5271.00 4236.00 Thousand [+]
Unemployed Persons 549.00 531.00 557.00 243.00 Thousand [+]
Long Term Unemployment Rate 1.20 1.10 3.50 0.30 percent [+]
Youth Unemployment Rate 23.60 24.20 28.30 2.90 percent [+]
Labour Costs 140.40 139.90 140.40 100.00 points [+]
Job Vacancies 1230.00 1192.00 1520.00 51.00 Hundred [+]
Wages 181.60 179.00 181.60 133.60 SEK/Hour [+]
Wages in Manufacturing 192.30 189.90 192.30 139.70 SEK/Hour [+]
Population 10.33 10.23 10.33 7.47 Million [+]
Retirement Age Women 62.00 61.00 62.00 61.00 [+]
Retirement Age Men 62.00 61.00 62.00 61.00 [+]
Labor Force Participation Rate 71.30 73.00 75.40 69.20 percent [+]
Productivity 104.10 104.20 104.20 65.30 points [+]
Part Time Employment 1086.40 1049.50 1177.30 824.30 Thousand [+]
Full Time Employment 3768.50 3842.00 3916.70 2896.00 Thousand [+]
Employment Change 0.50 0.50 0.90 -2.00 percent [+]
Employment Rate 64.70 67.00 70.70 62.60 percent [+]
Wage Growth 1.40 1.30 7.10 1.20 percent [+]


Sweden Average Hourly Wages
In Sweden, wages are benchmarked using average hourly earnings.